Member Info for maestro1

Itsgambling Maybe that's where the problem lies, Sncp didn't bring their cash forward thus aaog delayed the drilling until the bring money to table. We should hopefully get an explanation. Time will tell...

so sefton is lying "I want to be clear that we are fully funded to drill the new TLP-103 well in accordance with current licence terms, under which 56% of the cost is met by AAOG and 44% by SNPC. Our cash position was �5.09m at period end. Our expenditure since IPO reflects the acquisition of the shares in Petro Kouilou SA, the gross cost of the workovers undertaken at TLP-101 and TLP-102, the general and administrative costs and listing costs."

move them to td ********** or hargreave lansdown...

Government revokes 406 mining permits in Indonesia�s East Kalimantan https://news.mongabay.com/2017/11/government-revokes-406-mining-permits-in-indonesias-east-kalimantan/ something going on, i wont sell my shares. Feel sorry for spreadbetters and cfd holders, house always win even though they dont trade nex exchange, they still make money, bets should have closed on 40p as they lisated on nex exchange at that price..

yup, funding sorted. Waiting for the verdict, company will be relisting soon.

cln are never good news, they struggled to get funding via placing one can assume...

Well this is change going up on no news.. :-)

they need cash, plenty of it. Massive dilution coming just to keep the lights turning off for another 6 months... Dont trust the BOD one bit... imho

Probably because of the uncertainty.. Aside from current operational activity, investors should be aware of the recent legislative changes in Tanzania that have recently become effective – being the Written Laws (Miscellaneous Amendments) Act 2017, the Natural Wealth and Resources (Permanent Sovereignty) Act and the Natural Wealth and Resources Contracts (Review and Re-negotiation of Unconscionable Terms) Act 2017. The Board will continue to consider these laws as part of its assessment of the overall viability of Mahenge Liandu, but given that the Project is currently at the exploration level and accordingly does not have a mining licence, there is currently no change to the economic prospectivity of the Project as the legislative changes – as currently passed by the Tanzanian parliament – would not prevent Armadale from progressing with its current business strategy and plans for the development of the Project. Armadale will continue to monitor the implementation of these legislative changes by the Tanzanian Government and where appropriate, engage with the Tanzanian government to ensure the best outcome for both the Government and the Company.

ACP neighbours sp has been taking a battering.

I've given up on this, should have got out straight after WF resigned. Something is not right... imho

I believe they have around $18m currently.. Can't believe he hasn't been kicked out..

Meadow Do you think the druid /drombeg drilling was free, the 36m is not pounds and it is balance for the end of June and not current cash resource...

Darrenbiggs what are you on about? Group of shareholders met DQ yesterday in London, check the advfn webside.

what can you say about the Indonesians

http://www.afr.com/business/mining/indonesian-mine-stolen-from-intrepid-could-come-back-to-the-asx-20170809-gxsfau

i had an email from DQ yesterday, one possible scenario was that Roi were trying to waste time so the deadline expired., it didnt work DQ very happy and we all happy, pulled one over the roi. Now that we have stay of cost all the way to the verdict, Roi can waste all the time they want now. If they lose they will cover our costs, imho.

No cash they will go broke..

onlooker roi have gone really quiet

Onlooker Who said DQ is not 100% confident the pledge wouldnt be acceptable? I just dont know how Roi can worm out of this one now, Roi's aim from day one was to limit the amount of compensation as possible. If annulment is in our favour then maybe we might get a juicy offer, its pointless dragging this on its not doing Roi any good, thats for certain.